Studio · 438 sqftMarina Diamond Tower 2, Dubai Marina · 7th floor · completed 2007

717, Marina Diamond Tower 2

Sold prices and rental history: sold twice, last in May 2011, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 717 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 336K16 May 2011
Current rentAED 56K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 717, Marina Diamond Tower 2

What is 717 worth today?

Last sold for AED 336,000 in 2011

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1 Aug 2024RentedNew contract
AED 56,000/yr12 months · AED 128 per sqft
15 Mar 2024RentedNew contract
AED 55,000/yr12 months · AED 126 per sqft
15 Jan 2022RentedNew contract
AED 35,000/yr12 months · AED 80 per sqft
1 Nov 2020RentedRenewal
AED 40,000/yr12 months · AED 91 per sqft
1 Nov 2019RentedNew contract
AED 40,000/yr12 months · AED 91 per sqft
25 Jul 2019RentedNew contract
AED 42,000/yr12 months · AED 96 per sqft
1 Jul 2018RentedNew contract
AED 50,000/yr12 months · AED 113 per sqft
15 Dec 2017RentedNew contract
AED 53,000/yr12 months · AED 120 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2024.

Key facts

Type
Studio apartment
Size
438 sqft
Floor
7th of 15
Parking
46 G.F
Developer
Diamond Developers
Completed
2007
Service charge
AED 8,000 /yr
Last sold
AED 336K · May 2011

About 717, Marina Diamond Tower 2

717 is a studio of 438 sqft on the 7th floor of Marina Diamond Tower 2, a 15-storey tower in Dubai Marina completed in 2007 by Diamond Developers. It last sold on 16 May 2011 for AED 336,000, or AED 767 per sqft, in line with the AED 754 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 1 August 2024, is AED 56,000 a year: a gross yield of 16.7% on the 2011 price, before the service charge of about AED 8,000 a year.

Sales and rents for 717 over time

Sales
Unit 717, each saleTypical studio in Marina Diamond Tower 2
400K600K2008201320182023Typical sale price by year: 2008 AED 324,119; 2009 AED 379,328; 2010 AED 401,035; 2011 AED 336,000; 2012 AED 430,000; 2013 AED 520,000; 2014 AED 675,000; 2015 AED 682,500; 2017 AED 650,000; 2018 AED 530,000; 2019 AED 482,500; 2021 AED 390,000; 2022 AED 490,000; 2023 AED 535,000; 2024 AED 650,000; 2025 AED 700,000Sold by developer, July 2008: AED 330,787 (AED 755 per sqft)Sold, May 2011: AED 336,000 (AED 767 per sqft)

717 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 717, each contractTypical studio in Marina Diamond Tower 2
40K60K2012201620202024Typical rent by year: 2012 AED 41,000; 2013 AED 50,000; 2014 AED 62,000; 2015 AED 63,000; 2016 AED 60,000; 2017 AED 55,000; 2018 AED 48,000; 2019 AED 42,000; 2020 AED 30,500; 2021 AED 31,000; 2022 AED 37,000; 2023 AED 46,100; 2024 AED 55,000; 2025 AED 57,300; 2026 AED 55,500New contract, December 2017: AED 53,000 a yearNew contract, July 2018: AED 50,000 a yearNew contract, July 2019: AED 42,000 a yearNew contract, November 2019: AED 40,000 a yearRenewal, November 2020: AED 40,000 a yearNew contract, January 2022: AED 35,000 a yearNew contract, March 2024: AED 55,000 a yearNew contract, August 2024: AED 56,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Marina Diamond Tower 2, and where 717 sits

All 87 studios →

717 last sold in May 2011 at AED 767 per sqft, in line with what studios in Marina Diamond Tower 2 were fetching at the time (AED 754). Over the last 12 months studios sold for AED 650,000, around AED 1,621 per sqft, and rent for AED 44,000 to 70,000 a year. 717's AED 56,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
6 Jan 2026650,000
30 Jul 2025700,000
28 Apr 2025245,000
21 Apr 2025750,000
1 studio sale in the last 12 months

Marina Diamond Tower 2

Building

276 apartments, studios to 2-bed over 15 floors in Dubai Marina, completed in 2007 by Diamond Developers. 2 sold in the last 12 months.

Typical price per sqft
AED 1,591
Typical sale
AED 785K
Typical rent
AED 72K /yr
Typical yield
7.6%
Marina Diamond Tower 2, Dubai Marina: prices, sales and rents →

Other units on the 7th floor

All 276 units in Marina Diamond Tower 2
Value
701AED 1.26M · Sep 2025
702StudioAED 269K · Jun 2008
7032-bedAED 1.2M · Mar 2017
7041-bedAED 446K · Jul 2008
705StudioAED 370K · Jan 2020
7061-bedAED 775K · Feb 2016
7071-bedAED 875K · Oct 2024
1–7 of 17

717, Marina Diamond Tower 2 in numbers

  • Sold twice: first on 1 July 2008 for AED 330,787, last on 16 May 2011 for AED 336,000 (AED 767 per sqft).
  • Rented since December 2017 on 8 Ejari contracts. The rent fell from AED 53,000 to AED 35,000 in 2022 and recovered to AED 56,000 by August 2024.
  • At AED 56,000 a year the gross yield on the 2011 price is 16.7%, before a service charge of about AED 8,000 a year (AED 18.33 per sqft).
  • Studios in Marina Diamond Tower 2 sold for AED 650,000–650,000 in the 12 months to November 2026; the building's median across all types is AED 1,591 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2024.

Questions about 717, Marina Diamond Tower 2

What did unit 717 last sell for?

AED 336,000 on 16 May 2011: AED 767 per sqft for 438 sqft. The unit has 2 registered sales; the first was AED 330,787 in July 2008.

What is the rent for unit 717?

AED 56,000 a year on the contract signed on 1 August 2024. The previous contract, from March 2024, was AED 55,000; the unit has been rented since December 2017.

How big is unit 717?

438 sqft (40.7 sqm): a studio on the 7th floor of a 15-storey tower completed in 2007.

What is unit 717 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Marina Diamond Tower 2 sold for AED 650,000 to 650,000 in the last 12 months, around AED 1,621 per sqft.

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Mortgage on 717, Marina Diamond Tower 2

Starts from the last sale price (AED 336K, 16 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 336,000
Deposit, UAE resident (20%)
AED 67,200
Deposit, non-resident (40%)
AED 134,400
Monthly over 25 years at 3.7%
AED 1,375

Plus AED 17,022 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →